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Indeed.

Crypto Revolution Masters

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This pullback is pretty normal for Bitcoin. We've had 8 of them since October.

If you are new to Bitcoin:
The price of huge gains is huge volatility.

If you can HODL and wait, you will win.

🙌💎🙌

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$BTC Between January 1 and January 10, 2025, Bitcoin's price displayed significant volatility. Starting the year around $93,500, it fluctuated due to market sentiment and macroeconomic factors. Early optimism drove the price above $95,000, but stronger-than-expected economic data in the U.S. triggered concerns about prolonged Federal Reserve interest rate hikes. This led to increased Treasury yields, impacting risk assets like Bitcoin. Institutional investors showed caution, with notable outflows from Bitcoin ETFs during this period. The cryptocurrency tested support levels around $92,000 while struggling to maintain momentum above $95,000. Bearish patterns emerged, including a drop below the 50-day moving average, signaling weakening buying interest. Resistance levels remained around $100,000, highlighting a psychological barrier for further upward movement.

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#NFPCryptoImpact Non-Farm Payrolls (NFP) is a key economic indicator in the U.S. that measures job growth, excluding farming jobs. It significantly impacts cryptocurrencies, especially Bitcoin, as it reflects the strength of the U.S. economy. A strong NFP report often strengthens the U.S. dollar, leading to reduced demand for crypto, which is seen as an alternative asset. Conversely, weak NFP data can weaken the dollar and boost crypto investments. Data shows a direct link between NFP surprises (better or worse than expected) and Bitcoin's volatility. For example, a disappointing NFP report in mid-2023 coincided with a 5% Bitcoin price surge. Crypto traders watch NFP closely to anticipate market swings.

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it's for new user

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I got 0.52 $USDC from the Binance Square Christmas campaign.

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#OnChainLendingSurge On-chain lending has recently hit a milestone, with active loans surpassing $20 billion, breaking the previous record set in December 2021. This surge indicates increased liquidity and growing interest in decentralized finance (DeFi) platforms, where users can lend and borrow cryptocurrencies directly on the blockchain without intermediaries. The rise in on-chain lending reflects the expanding adoption of DeFi services and the maturation of the crypto market. However, it's essential to be aware of associated risks, such as smart contract vulnerabilities and market volatility, when participating in these platforms.

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